Economy

Average salary reaches €2,601, one in three earns below €1,500

Salaries in Cyprus continued their upward trend in the first quarter of 2026, with average gross monthly earnings rising by 3.7% compared with the...

Oil prices slide on hopes of US-Iran de-escalation

Oil prices fell sharply on Monday as hopes of renewed diplomacy between the United States and Iran eased concerns over global energy supplies. The...

Hotel occupancy hits 85% but falls short of last year

Cyprus tourism bookings for July and August are averaging around 85% nationwide, a noticeable decline compared with last year’s record performance, according to the...

Paramount secures EU nod for $110 billion Warner Bros deal, US hurdles ahead

Paramount Skydance Corp on Wednesday gained European Union antitrust ​approval for its $110 billion acquisition of Warner Bros Discovery after ‌agreeing to ditch a film distribution...

Cyprus apartment prices climb as construction costs rise

Building material costs rise by 3% Construction costs and property prices in Cyprus continued their upward trend in 2026, driven by higher building material costs,...